To guarantee the security of digital payments, the Reserve Bank of India (RBI) prior to this month carried out the new auto-charge rules. With RBI's new standard, OTT stages and other such administrations, which required repeating payments, can presently don't deduct cash for the reestablishment of membership through auto-charge or without asking the clients. In any case, numerous UPI-based stages like BHIM, PhonePe, GooglePay, AmazonPay, have offered its clients the office of auto-pay, where clients can make repeating payments of up to Rs. 5,000 with no issue. 

"With UPI AUTOPAY, clients can empower repeating e-order utilizing any UPI application for repeating payments like portable bills, power charges, EMI payments, diversion/OTT memberships, protection, shared assets, and credit payments, paying for travel/metro payments among others of up to Rs 5000. On the off chance that the sum surpasses Rs 5,000, clients need to execute each command with UPI PIN," the National Payments Corporation of India (NPCI) clarified by means of a public statement given on October 13, 2021. 

Here's the way you can utilize the auto payment office to make repeating payments 

In the UPI application, the client will discover the choice of 'order' which will assist them with endorsing, change or even dropping the auto-charge. Not just that, clients can likewise get data about their past payments. The command segment in the UPI application additionally gives the client a chance to set the e-order on a day by day, week, month, two months, 90 days, or yearly premise. The order will be created promptly, and payment will be deducted on the due date. Aside from that, clients need to confirm the bookkeeping utilizing their UPI PIN. 

Here's the way you can set auto compensation on BHIM UPI 

Stage 1: Open the BHIM UPI application and tap on the choice of auto-charge on it. 

Stage 2: Now, select the order choice 

Stage 3: Now, select the oversee order choice 

Stage 4: Once done, the client needs to deal with the payment choice as indicated by their decision - every day, week after week, or month to month 

Stage 5: Select the date of vendor and auto-charge - click on continue

Image Credit: Mint